Ain't nothing but a backtest?
XRP/USD Bitstamp weekly chart of what looks like a crazy potential backtest or resistance line from beginning of 2018.
Did a measured move and funny enough put me around $1.10 range and back onto the bullish uptrend line. But we would need a very strong bounce from here on large green volume.
Some bear signs at the moment is the weekly RSI trendline, still early in the week must have a rally from here to get back above the trendline before sunday close.
P.S. The bear side would be a clear break of .22 cent area on large volume would have you at least testing .14-.18 but i am more favoring the bulls but who knows with BTC if it decides to do what it does.
-Not Financial advice just a blog of my thoughts for fun.
XRP/USD Bitstamp weekly chart of what looks like a crazy potential backtest or resistance line from beginning of 2018.
Did a measured move and funny enough put me around $1.10 range and back onto the bullish uptrend line. But we would need a very strong bounce from here on large green volume.
Some bear signs at the moment is the weekly RSI trendline, still early in the week must have a rally from here to get back above the trendline before sunday close.
P.S. The bear side would be a clear break of .22 cent area on large volume would have you at least testing .14-.18 but i am more favoring the bulls but who knows with BTC if it decides to do what it does.
-Not Financial advice just a blog of my thoughts for fun.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.